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Champaign 61821 Clark
1011 W Daniel Street
$350,000
● House - Off Market

1011 W Daniel Street

Champaign, IL 61821
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,040 Ft²
$2,227
Est. Monthly
2.89%
Cap Rate

About This Property

Original craftsman ranch that has been transformed into this stunning 2 story home with welcoming enclosed front porch and sunroom off the back, flooded with natural sunlight. The main floor has hardwood floors throughout, 1st floor bedroom and full bath. The kitchen is updated with custom cherry cabinetry,  beautiful granite countertops and stainless appliances.  The entire second floor addition was added in 2001 featuring 2 bedrooms with vaulted, beamed ceilings, loft area and the 2nd full bath.  Oversized 1 car garage in 2012 with pull down stair for access to storage and Hardie board exterior.  New brick patio under the pergola, covered with grape vines.  Roof new in 2018 and first floor replacement windows in 2009. Home has been Pre-inspected for your convenience.
Unit Size
2,040 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$172
Property Type
House
Property Taxes
$508
HOA Dues
-
Year Built
1924

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #12022774)

Price History

Date / Event Date Event Price
Jun 5, 2024 Sold
Premium
Sold
Apr 6, 2024 Listed by RE/MAX REALTY ASSOCIATES-CHA $350,000
Listed by RE/MAX REALTY ASSOCIATES-CHA

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,595
  • Total Building Area: 1,114
  • Building Area: 1,114
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 3
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHAMBER OF COMMERCE ADD
  • Land Acres: 0000000151
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 102 CHAMBER OF COMMERCE ADD

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001100

Geography

  • District: 04
  • Parcel: 43-20-14-278-004
  • Lot: 102
  • Meridian: SEC 14 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1079
  • Longitude: -88.2612

    Address

  • Full Address: 1011 W Daniel St
  • Address - House Number: 1011
  • Street Direction: W
  • Address - Street Name: Daniel
  • Address - Suffix Type: St
  • State: IL
  • City Name: Champaign
  • Carrier Code: C022
  • 4-Digit Zip Code: 4517
  • Zip Code: 61821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $609,038
  • Tax Rate Code Area: 4302

    Appraisal Valuation

  • Standard Deviation: 0.2047
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 335,480
  • High Value: 404,177
  • Low Value: 266,784

    Market Valuation

  • Market Total Value: $216,690
  • Market Land Value: $61,380
  • Market Improvement Value: $155,310

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $72,230
  • Assessed Land Value: $20,460
  • Assessed Improvements Value: $51,770

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 01, 2018
  • Current Sale Recording Date: Mar 04, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019R02878

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Clark

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$189

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1750 ft²

Average Home Age

77.5 years

Currently For Sale

8 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kimberly Krisman-Clark, RE/MAX REALTY ASSOCIATES-CHA
Last Updated: 3 years ago
Data Source: MRED, MLS# 12022774
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1011 West Daniel Street built and last sold?
The property at 1011 West Daniel Street was built in 1924 and last sold on Mar 1, 2018 for $278,500.
How much is this home worth?
The estimated value of the home located at 1011 West Daniel Street is $0.
What are some comparable homes to 1011 West Daniel Street?
There are currently no comparable homes to 1011 West Daniel Street.
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